Skip to main content

About your Search

Search Results 0 to 0 of about 1
Dec 16, 2012 5:30pm PST
stock market. for that we go to ramin mellegard at the new york stock exchange. the election brought big changes. what's happening there, ramin? >> yes, you've gone through some of the currency levels but let's have a look at the opening levels for the nikkei and the topix for december 16. very big gain for the nikkei, 9,888. it did break to 9,500 for a very brief time. we're still up above 1.5%. we've seen the nikkei rise up above a thousand points since the election in mid-november. many are betting we could see 10,000. we're just over 100 points off that. let's not forget there are a couple key issues which may cause some bumps in the road. let's not forget japan is in a technical recession and the reports, which we covered, did show a big drop in the number for the last quarter reflecting the economy's domestic picture. it was down at minus 12 compared to minus 3 the previous quarter, you can see there. also a lot of market observers in the wider picture of the global stock markets are looking at the u.s., and if there's no resolution there to the u.s. fiscal cliff, that could al
Search Results 0 to 0 of about 1